Therapeutic Area Strategy Head, CRM

NovartisCambridge, MA
$288,400 - $535,600Hybrid

About The Position

The Therapeutic Area Strategy Head will lead a therapeutic area focused team in the creation and ongoing update of a holistic and aligned Enterprise portfolio strategy for their Therapeutic Area (TA). The candidate will work closely with the senior leaders within the cardio-renal-metabolic (CRM) TA including Bio-medical Research (BR), Development and Commercial organizations in US and International and Search & Evaluation. The candidate will bring a passion for innovation, deep industry experience, scientific acumen and strong judgement to guide internal choices and drive sustainable growth in the short, mid and long-term in CRM. This individual will have both a broad and deep understanding of the CRM field to drive insightful and differentiating competitive advantages over our peers by bringing a third-party view around key strategic levers and external analyses, trends, and white space opportunities. Additionally, they will conduct targeted primary research.

Requirements

  • Advanced degree or equivalent experience in life science/healthcare required
  • Demonstrated cross‑functional global leadership experience is essential.
  • Minimum 10 years of pharmaceutical/biotech experience gained in banking, consulting, or biopharma, with exposure to drug development and ideally commercialization required.
  • Proven ability to operate effectively in a highly matrixed, fast paced environment.
  • Ability to comfortably engage with the C-suite and mid-career associates to influence and challenge with excellent interpersonal and leadership skills
  • Strong financial and business acumen with strong understanding of biopharma landscape; companies, assets and early technologies
  • Strong strategic vision, superior leadership, excellent communication, consensus building, and well-developed influencing and negotiation skills
  • Excellent conflict resolution skills to facilitate agreement and buy-in at the senior-most levels
  • Experience leading and managing a team with a variety of insights from science to commercial and proven coaching and mentoring experience

Nice To Haves

  • Cardiologist training highly desirable
  • Candidates with significant senior leadership experience — including Biotech CEOs and executives from investment banking or other Wall Street institutions are strongly preferred

Responsibilities

  • Provides external perspective and identifies opportunities: Builds and maintains in-depth knowledge of the TA (early pipeline to commercial); including disease models; responsible for ongoing assessment of peer companies with heavy exposure in the TA.
  • Educates, updates and provides external views to all internal stakeholders.
  • Provides insight within key portfolio governance processes (diligence and external landscape mapping with BD&L and M&A)
  • Supports identification of growth accretive opportunities, indications, disease spaces and rejection of low value opportunities/projects
  • Supports Group Investor Relations and the CEO Office with dissemination of key strategic insights
  • Ongoing collection and synthesis of scientific and commercial insights for the TA
  • Owns TA portfolio strategy and prioritization: Leads the process of creating, maintaining and updating enterprise-wide TA portfolio strategy, including disease area and molecule selection to drive mid- and long-term growth in collaboration with RDC
  • Identifies potential pipeline gaps, makes recommendations to address
  • Works closely with key stakeholders in the Therapeutic Area Leadership (TAL) team to facilitate portfolio decision making, prioritization and trade-offs
  • Internal and External Commercial and Pipeline Modelling: Oversees assessments of programs fit to current portfolio strategy and facilitates central review for assets inside and outside current priorities (e.g., at Innovation Management Board (IMB))
  • Provides consolidated commercial and development inputs to support business cases for internal and external assets and programs
  • Provides outside-in independent view of internal assumptions around core pipeline
  • Leads the development of assessment of external opportunities (e.g., forecast assumptions, business cases)
  • Coaches, attracts, develops, and retains top talents; partners with P&O leadership to develop people strategy (e.g. organization development, performance, career development).
  • Plans, allocates, and manages TA strategy financial budget by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Benefits

  • performance-based cash incentive
  • eligibility to be considered for annual equity awards
  • comprehensive benefits package that includes health, life and disability benefits
  • a 401(k) with company contribution and match
  • a variety of other benefits
  • generous time off package including vacation, personal days, holidays and other leaves
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